How to Lock in a Mortgage Rate Elmhurst NY

OK. You've spent weeks, maybe months shopping around for a mortgage--filling out forms on the internet, waiting on hold on the phone, dropping off paperwork at the local office--but you've finally found a great interest rate with low upfront costs. Then, right before the closing, you get an unwelcome surprise: the interest rate has gone up, or you'll have to pay thousands more in points. How did that happen? While there's no shortage of unscrupulous lenders who try to pull the old bait-and-switch, there are also legitimate reasons why the terms of a mortgage may change from the time you get your quote to the time you're actually ready to buy. You can avoid the surprises, however, with a rate lock-in, also called a rate lock or rate commitment. Here's how.

Local Companies

Bank of America - Springfield Gardens
800.432.1000
21602 Merrick Blvd
Springfield Gardens, NY
Charles Bacchi Agency Inc
(718)386-1960
6642 Myrtle Ave
Glendale, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
First Republic Bank
(212)262-2792
30 Rockefeller Plaza
NEW YORK, NY
American Home Mortgage Inc
(212)661-0481
12 East 49th Street Floor 28
NEW YORK, NY
Capital One
212-534-7015
1536 Third Ave
New York, NY
Washington Mutual Bank Paterson
(973)742-3060
1117 Main Street
Paterson, NJ
Helen Beichel
1133 Park Place
Brooklyn, NY
Washington Mutual - Bank Locations- 57th & First Avenue
(212)752-9205
360 East 57th Street
NEW YORK, NY
Commercial Capital Alliance
(516)741-8880
1100 Franklin Av
GARDEN CITY, NY
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